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Browse category "Business plan"

"What is an Investor Ready Business Plan"
A Business Plan, as all good entrepreneurs starting out in life should know is the foundation, or rather a springboard, towards the establishment and growth of a new business. A business plan is an essential tool for companies raising capital – and [...]

10 Businesses: Will Your Business Be the One Winner Or Part of the Nine Losers?
A business coach is a person who helps you grow personally and professionally. A business coach bridges the gap between where you are now and where you want to go. If you want to expand your business and want to set high goals, your business coach ca [...]

3 Essential Tools for Starting and Maintaining a Small Business
We believe that there are 3 factors that drive the success of small businesses. 1) Acquiring start-up capital 2) Finding customers 3) Accounting for, budgeting and controlling sales and expenses The following resources will help your small bus [...]

5 Home Biz Mistakes Every Entrepreneur Should Make!
by BB Lee (C)2005 mailto:editor@smallbizbitsnews.com In a previous article appropriate steps to start a home based business were discussed. This important article will review the 5 top mistakes many home based business owners make that migh [...]

9 things you must do to maximize your chances of obtaining a small business loan
To get approval for your small business loan application, you must be able to meet the lending criteria set down. Some organisations are more risk averse than others, and will therefore have more stringent criteria. To vastly increase your chances [...]

Alternative Venture Finance: Federal Grants and Loans
While most companies seeking venture capital initially think about angel investors and venture capitalists, a large alternative source of financing is federal grants and loans. The two largest federal grant programs are run by the Small Business Admi [...]

Alternative Venture Finance: Shell Corporations
A shell corporation is a company that is incorporated but has no significant assets or operations. These corporations may be formed as an alternative venture financing mechanism. Shell company financing works in two ways. In many cases, the shell c [...]

An Exporter? Who, Me?
(NC)—If you're a small- to medium-sized business with a potential market for your product abroad, you may profit from making a move into exporting. Your first reaction may be "Me, an exporter?" but it isn't as farfetched as you may think. Even if [...]

Analyzing Customers in Your Business Plan
The Customer Analysis section of the business plan assesses the customer segments that the company serves. In it, the company must 1) identify its target customers, 2) convey the needs of these customers, and 3) show how its products and services sat [...]

Angel Investors: 7 Online Business Plan Scams and 1 Real Deal
We've all seen the hype: "We'll put your plan in front of thousands of investors!" "We'll write you an award-winning online business plan!" "Only $3,000 for thousands of investors to learn about your company!" I cringe every time I see one of these [...]

Angel Investors: Who They Are & When Are They Appropriate
Angel investors are individuals who invest in emerging business ventures. Angels typically provide both capital and know-how to companies who are in either their start-up or expansion phases. To reflect the increased risk of investing in such firms, [...]

Are You Satisfied With Your Business Just As It Is?
Did you know that satisfaction is the number one emotion people want to experience about their life and business? Yes, fame and fortune are up there, but satisfaction is the key. Satisfaction is about contentment, gratitude and pure joy. Are yo [...]

Becoming Wise - Wild & Free: Writing A Successful Business Plan - Part 3 - The Feasibility
I am amazed at how many resources there are and how much information is available today on writing a business plan. There is software, documents, templates, outlines and a lot of experts that can help you. Most experts and resources will tell you exa [...]

Before the Business Plan
Purveyors of conventional wisdom would have you believe that the very first thing you ought to do when setting up a new business is to create a business plan. It doesn't matter whether you are selling odds and ends on eBay from your living room or [...]

Business Plan
A is a short brief that explains how a business owner, director or entrepreneur plans to orchestrate an enterprising effort that carries out the actions that are necessary in order for the effort to succeed. Basically, a business plan is the written [...]

Business Planning for College Students and First-Time Entrepreneurs
More and more students, both in undergraduate and graduate institutions, are deciding to launch their own ventures upon graduation rather than taking the traditional route of working for another firm. Likewise, more and more individuals are leaving t [...]

Business Plans
Way back in business school we had to churn out business plans every semester. As soon as the assignment would drop we would be scrambling for information. Start the number crunching game, do the analysis, do some mental planning and write business p [...]

Business Plans- What Consultants Don’t tell You!
Copyright 2005 Empower Business Solutions Do you have a Business Plan? Congratulations, but you are in a small minority. And if you have a plan, is it integral to your business, and instrumental to its growth? If the answer to this question is yes, [...]

Describing Intellectual Property in Your Business Plan
Most companies that are worthy of raising venture capital have proprietary Intellectual Property (IP). In fact, the quality of the IP and the management team are often the two most important aspects of a venture capitalist’s investment decision. The [...]

Developing a Business Plan = Developing a Succesful Business.
Whether you are starting up a new business or you already have an established company, the importance of a business plan may be over looked. Yes, they can take some time to draw up but just think of your business plan as a map of a country. Without t [...]

Developing Realistic Financial Assumptions in Your Business Plan
Many investors skip straight to the financial section of the business plan. It is critical that the assumptions and projections in this section be realistic. Plans that show penetration, operating margin and revenues per employee figures that are poo [...]

Do You Love Food? - Then Maybe Opening a Restaurant is Not Such a Crazy Idea
The restaurant industry in the United States employs an estimated 12.2 million people, making it the nation's largest employer outside of government agencies. The restaurant industry in the United States employs an estimated 12.2 million people, ma [...]

Documenting Partnerships in Your Business Plan
Forging partnerships to improve market penetration has become commonplace, particularly for “new economy” businesses. And, most companies proudly mention their many partnerships in their business plans. The fact is that, regardless of whom the pa [...]

Documenting the Exit Strategy in Your Business Plan
All investors greatly desire and are motivated by a clear picture of a company’s exit strategy, or the timing and method through which they can “cash in” on their investment. This picture best comes into focus when the key valuation and liquidity [...]

E-books in your life
E-Books are making a big impact in the way we read, write and use books. There is nothing holding back an expert with years of experience on a particular field to write about all the ins and outs, trade secrets, strengths and weaknesses of the indust [...]

Effectively Completing the Operations Plan Section of Your Business Plan
The Operations Plan is a critical component of any business plan as it presents the Company’s action plan for executing its vision. The Operations Plan must detail 1) the processes that are performed to serve customers every day (short-term processe [...]

Finance Your Small Business: So Much Money – So Little Time
$37.4 million funded from venture capital today. $86.4 million funded yesterday. $51.4 million funded the day before. These numbers are not made up. They are actual numbers from actual reported venture capital funding. I get these notices emailed t [...]

Finding a Venture Capital Firm
Many ventures are faced with the challenging task of raising venture capital. The first part of this process is finding the right venture capital firm (VC). While this may seem simple, it isn’t. There are thousands of venture capital firms in the Un [...]

First Steps to Starting Your Own Small Business
You’ve been dreaming about what it would be like to start your own small business. It has been on your mind since you were in school, and there are times, especially on Monday mornings, that you daydream about it. But, you’re not really sure what i [...]

Five Crucial Components Of A Business Plan
Copyright 2005 Cavyl Stewart The format of a Business Plan is something that has been developed and refined over the years and is something that should not be changed. Like a good recipe, a business plan needs to include certain ingredients to make [...]

Franchise Opportunities Are Not Always As Good As They Sound
Franchise opportunities are out there and if you look, you’ll find more than you can count. In order to find out if a business franchise truly is an opportunity of a lifetime, there are a few points that you must evaluate. Point 1: Market Trend M [...]

How to Size an Emerging Market in Your Business Plan
In developing their business plans, companies of all sizes face the challenge of determining the size of their markets. To begin, companies must present the size of their “relevant market” in their plans. The relevant market equals the company's sa [...]

You have a detailed business plan, which showed the overall intent of your company. You presented the business plan to your bank before start-up and they submitted funding in the amount that you both deemed acceptable. The original business plan cont [...]

How to Use Graphs and Charts in Your Business Plan
Many people ask how many graphs or charts they should have in their business plans. As with most other business planning questions, the answer is “it depends”. This article discusses the key factors influencing the number of graphs and charts to in [...]

How To Write A Quick & Relatively Painless Business Plan
If you've never written a business plan before, the idea alone can be overwhelming. It doesn't have to be the nightmare of your imagination. Traditionally, a business plan is used to secure funding from a lender or a potential investment partner. [...]

Identifying the Right Venture Capital Firm Partner
Venture capital firms are comprised of individual partners. These partners make investment decisions and typically take a seat on each portfolio company’s Board. Partners tend to invest in what they know, so finding a partner that has past work expe [...]

In Business Planning, Competition is Good
When developing the competition section of your business plan, companies must define competition correctly, select the appropriate competitors to analyze, and explain its competitive advantages. To start, companies must align their definition of co [...]

Incorporating Investor Feedback into Your Business Plan
Investors, like the rest of us, have different tastes. One investor may love a concept and/or business plan while the next may hate both. It is important to understand this as business plans are working documents and are always undergoing iterations. [...]

Inventor Help: Go Hire a Great Patent Lawyer
Inventors should review hiring a top tier patent attorney, versus filing on their own or even worse doing nothing to protect their most important asset. A patent is the property right given by the U.S Patent and Trademark Office to an inventor. It g [...]

Is It Necessary To Have a Business Plan?
Are you planning to start a new business? Or are you considering expanding your current business and require a bank loan or investment from outsiders? If you are going to look for an investment of capital it is quite likely that you will be require [...]

Is Your Home Business Prepared for a Disaster?
If you're like most people, you probably started with wonderful ideas of fulfilling your dreams, to be successful and to take charge of your own destiny. I hope you have achieved those or are well on your way. You wouldn’t think of starting your [...]

Issuing Warrants to Investors
When raising capital for a business venture, warrants are a common form of equity that is given to investors. A warrant is like an option – it gives the holder the right to purchase a security at a fixed or formulaic price, which is known as the "ex [...]

Keys to a Good Business Plan.
A business plan is a very important part of any business. It is usually drawn up before the business launches, but can also be developed after a business has already taken off. A good plan can take some time to develop but the effort you put into it [...]

Make Money On A Home Based Business
Have you ever thought about starting a home based business in order to make money? A lot of people have, but where do you start with this? The questions about home based businesses and how they make money for you are unending. You need to take care [...]

Making A Living Online
is not a difficult process for someone with drive and determination. It involves developing a strategy and sticking to it. There are many options available for you to make a living online. These include promoting and selling your own product or promo [...]

Need an Idea for a New Business - Hair & Beauty Salons are Booming Nationwide! Why? Because the Baby Boomers are Demanding These Personal Care Services.
Hair care has been around as long as humans have been on the planet. The earliest record of personal hair care dates back 2.5 million years ago, when brushes used to create cave paintings in Spain and France were adapted for use in hair grooming. I [...]

One of The Best New Business Opportunities May Be Right there in Your Home - a New Daycare Business.
The day care industry is expanding. There are now more than 100,000 licensed child-care centers and 250,000 licensed family day care homes across the United States. The market for day care increases every year as the working mother in society incre [...]

Postpone your Procrastination indefinitely-5 ways to conquer this demon once and for all!
We’ve all done it at some time or other. We put off our exercise routine until tomorrow; we continually delay finishing that project or starting that business. Procrastination is the mother of all demons and can literally stop you in your tracks f [...]

Pre-Money vs. Post-Money Valuation
When a company decides that it must raise capital, a key question that must be answered is how much the company is worth. For example, if the business needs $500,000 to get started and/or grow, how much of the equity in that company should $500,000 c [...]

Preparing to "get Started" in your business
www.motivatedentrepreneur.com Starting a New Business Preparing to "Get Started" in your new business By Ryan Hoback, Motivated Entrepreneur Incubation & Consulting The biggest problem I had in “Getting Started” on making my idea into a pra [...]

Raising Capital for Your Business – How Long Does it Take?
Most companies vastly underestimate the time commitment necessary to successfully complete a financing. In actuality, a company seeking financing needs to budget between 500 to 1000 work-hours to the capital-raising process, spread out over a 6-9 mon [...]

Realism vs. Optimism in the Business Plan
The most important function of a business plan is to create interest among investors so that they write a check. In achieving this goal, business plan writers are often challenged by determining the proper level of optimism in their plan. That is, th [...]

Restaurant Business Plan Software Considerations
Whether you are an entrepreneur looking to start your first restaurant, or you have been working in the service industry for a long time, restaurant business plan software can help you create a streamlined business plan that will improve your chances [...]

Startup Advice: Advice from Experts to Start your own Business
Most entrepreneurs get paranoid over the idea of starting a business. With so many federal, state, and, local laws governing any business, it becomes crucial to make an informed decision about the venture. Here are a few steps worth considering befor [...]

Take Guaranteed ticket to success today !
Take guaranteed ticket to success today Time is on it's way, Welcome 2004, very hot July here. Many people who starts home business just in January earning big bucks, my kids every time asking me, MOM this year no trip. Relatives brother...she us [...]

The Crucial Function of Computer File Shredders -
An unpleasant aspect of modern life is the fact that thieves can steal files from computers. Personal emails, business plans, private documents, trade secrets, and online histories can all be devastating if they fall into the wrong hands. It is a goo [...]

The Ideal Length of Your Business Plan
How long should a business plan be? A business plan needs to be whatever length is required to excite the investor, prove that management truly understands the market, and detail the execution strategy. From surveys of investor needs, Growthink has f [...]

The importance of planning
Are you planning to start a new business? Or are you considering expanding your current business and require a bank loan or investment from outsiders? If you are going to look for an investment of capital it is quite likely that you will be require [...]

The Key to a Successful Business
Where would a business be without a business plan? A business plan sets the course for the future of the business. It gives the business owner or manager a sense of direction, listing the objectives and goals of the business from the outset. Wr [...]

The Management Team Section of the Business Plan – Don’t Just Include Resumes
Even the best new concept or existing plan will fail if executed poorly. The Management Team section of the business plan must prove to the investor why the key company personnel are "eminently qualified" to execute on the business model. The Manag [...]

The Marketing Plan and the Four P’s
The Marketing Plan section of the business plan demonstrates how a company will penetrate the market with its products and services. The Marketing Plan should include “the four P’s” – Product, Promotions, Price, and Place. Products and/or Servi [...]

The Number One Reason For Business Failure!
Ralph Waldo Emerson said, "Build a better mousetrap, and the world will beat a path to your door." But when you're starting your own business, there's no guarantee that your "mousetrap" is going to survive, especially in today's fast-paced business [...]

The secret to network marketing online
Many affiliates online give up as quickly as they join any internet network marketing business. That is the real reason why most of the people who start internet mlm business ventures fail. This article talks about the importance of persistence and w [...]

The Term Sheet’s Role in Raising Venture Capital
Entrepreneurs and companies who are seeking venture capital often negotiate with one or more venture capital firms on a number of important issues. These issues include the amount of capital to be raised, the investment terms, etc. The document which [...]

Top Positions - In the Multi Billion Dollar Text Messaging (SMS)Industry - SMSisFREE.Com is About to Launch its New Free to Send SMS Website
SMSisFREE will offer free text message sending from our portal where we expect to capture a 10% market share in the first year and subsequently forecast for a 30% market share in 2005. http://smsisfree.com Since lycos in the UK (http://lycos.co.u [...]

Top Ten Reasons To Create A One Page Business Plan
1. Choose opportunities more wisely and waste less time because I have my plan in place (P 6) 2. A single page can contain all the elements you need to tell your employees, board of directors, potential partners or banker where you are taking yo [...]

Two Types of Business Plan Executive Summaries
Companies seeking capital often ask how long the Executive Summary of their business plan should be. The answer depends upon the use of the summary, mainly determining if 1) it precedes the full business plan, or 2) it will be used as a stand-alone d [...]

Venture Capital Negotiating Issues
When companies enter into negotiations with venture capital firms, there are several issues which need to be defined and agreed upon. This article describes the key issues. Valuation. Valuation is the most prominent negotiating issues. Valuation is [...]

What is the Best Work From Home Business and Why?
There is a virtual gold mine out in the marketplace for 'Work From Home' opportunities that is being virtually ignored by most people. Working from home has stormed the globe as many people are looking to drop out of the rat race and create an incom [...]

When Do I Need To Hire A Business Plan Consultant
Every new business owner knows that a business plan is critical – it is drilled into them by potential investors and every banking officer they meet. So why is something that is so important to the launch of a new venture so difficult to write? Good [...]

Why Doesn’t Your Business Plan Consistently Secure Your Desired Results?
From small businesses to large corporations, when you render all the challenges and issues facing these economic engines from employees to growth and innovation, the inability to secure desired results or implementation always float to the top as the [...]

Why is My Restaurant Not Full Every Monday Night?
In a quest for customers and to keep those customers, restaurants are now compelled to develop a marketing plan. Marketing plans are a crucial component for anyone who has the desire to make their restaurant a success. Marketing plans are a crucial [...]

Why Should You Have a Business Plan?
Are you planning to start a new business? Or are you considering expanding your current business and require a bank loan or investment from outsiders? If you are going to look for an investment of capital it is quite likely that you will be requ [...]

Why Start Your Own Work At Home Business Opportunity? Here's Why!
Would you like your own work at home business opporutnity? People choose to work from home for several reasons including the desire to stay home with their children, the need for extra income, or simply being dissatisfied with their current job. A [...]

Why You Need a Business Planning System NOT a Business Plan
Copyright 2005 David Coffman When someone mentions business planning we have been conditioned to think about writing a business plan. There are hundreds of books and articles, tons of software, an army of consultants, and a multitude government prog [...]

Work Your Home Based Business Idea in Three Easy Steps
Create a Business Plan first The primary necessity is to get a perfectly designed plan of action for a genuine business. A business plan on its own is useless. It is a mere reflection, but it will not suffice you also need an action plan. A business [...]

Writing A Business Plan What Makes A Good One
Writing a business plan can be a lot of hard work or it can be great fun. An effective plan can help your company to greatness. A poor one can lead you out of business. No plan is like asking to fail before you even start. Not every business needs [...]

You Can Make Money With A Home Based Business
Would you like to make money by starting your own home-based business? People choose to work from home for several reasons including the desire to stay home with their children, the need for extra income, or simply being dissatisfied with their curre [...]

You Quit Your Job and Started Up Your Own Business. Now, How Do You Make it Work?
Ok, so you�ve quit your job and started up your own business. You�ve got passion, you�ve got drive and you have a great concept that you think people will love. But you say to yourself �Hang on a minute, there�s got to be [...]

Your Business Plan Will Become Your Partner
Are you planning to start a new business? Or are you considering expanding your current business and require a bank loan or investment from outsiders? If you are going to look for an investment of capital it is quite likely that you will be require [...]

“Why You, Why Now” - A Critical Component of a Winning Business Plan
Business plans continue to be an essential element of the capital-raising process. They must convince investors to take notice - investors that are shrewder today due to the ups-and-downs they have experienced over the past few years. Adding to the [...]

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